New Orleans edges ahead of Asheville on higher occupancy (60% vs 36%), stronger RevPAR (£47 vs £22).
Head-to-head metrics
| Asheville | New Orleans | |
|---|---|---|
| Median occupancy | 36% | 60% |
| Median daily rate | £102 | £103 |
| Median RevPAR | £22 | £47 |
| Active listings | 2,220 | 4,939 |
| YoY occupancy | -0.2 pts | — |
| YoY daily rate | -4.4% | — |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
Full analysis: Asheville vs New Orleans
On the money side of this comparison — what a listing actually earns against the nights it has available — New Orleans finishes decisively ahead of Asheville. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 112.9% higher in New Orleans: £47 against £22. New Orleans sells 24 more points of its calendar — 60% median occupancy against 36% in Asheville. That is not a rounding difference, and it compounds over a hold period.
New Orleans takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £103 against £102 — and still fills more of the year, 60% against 36%. A market that leads on price and utilisation at once is normally one where demand has outrun supply, rather than one where hosts are discounting to keep the calendar busy. RevPAR reflects the double advantage at £47 against £22.
That verdict needs a caveat, because Asheville is not simply the weaker market of the two. Asheville is the less crowded of the two — 2,220 active listings to 4,939 — so a well-run property has fewer near-identical rivals to out-rank. Its strongest submarket, 28732, clears £29 RevPAR on its own — city medians hide that kind of spread. If your model leans on that dimension, the ordering above can reasonably flip.
Neither Asheville nor New Orleans currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.
The two calendars also behave differently. Asheville peaks in October at 55.2% and bottoms in February at 27.5%; New Orleans runs from 52.2% in August down to 29.9% in December. New Orleans is the steadier of the two at 22.3 points peak-to-trough against 27.7 — easier to underwrite against a mortgage — while Asheville concentrates its return into a shorter window and rewards operators who price the peak aggressively instead of holding a flat rate all year.
Who each suits, then. Asheville suits buyers who want a conventional, lightly regulated entry. New Orleans answers to the same regulatory profile, so the split between them is operational rather than legal. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2025-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 1,321 active Asheville listings and 1,475 in New Orleans.
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